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VGK

Vietnamese EV maker VinFast plans to ship its first EVs to Europe this year after receiving regulatory approval, according to the CEO. The company is set to compete with Chinese rivals in the European market.

Portfolio Pulse from Charles Gross

September 21, 2023 | 9:02 am

AVGO

GOOG

MRVL

Google is reportedly working on replacing Broadcom chips with those from Marvell Technology in its devices. This could potentially impact the revenues and market share of the involved companies.

Portfolio Pulse from Charles Gross

September 21, 2023 | 8:50 am

MDB

MongoDB (NASDAQ:MDB) has announced MongoDB Atlas for Manufacturing and Automotive, a new initiative aimed at helping organizations innovate with real-time data and build applications. The initiative includes expert-led innovation workshops, tailored technology partnerships, and industry-specific knowledge accelerators.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:31 am

HIMX

Himax Technologies, Inc. (NASDAQ:HIMX) and its subsidiary Liqxtal Technology Inc. have jointly unveiled the patented Liqxtal Graph Display Glasses, which will debut at Vision Expo West 2023. The glasses, based on reflective TFT liquid crystal architecture, can display colored digital content directly on the outer surface of the lenses without compromising the user's line of sight. The technology can transform glasses into an innovative display platform, expanding the use cases for conventional glasses.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:16 am

F

TSLA

VWAGY

Battery electric vehicles (BEVs) have reached a 20% market share in Europe for the first time, according to data from the European Automobile Manufacturers’ Association. In August, 165,165 BEVs were registered, marking the thirteenth consecutive month of growth in the European Union’s auto industry. Tesla Inc (NASDAQ:TSLA) saw the most significant surge in new registrations, while Ford Motor Co (NYSE:F) experienced a 9.8% dip. Volkswagen AG (OTC:VWAGY) remains the most popular choice.

Portfolio Pulse from Anan Ashraf

September 21, 2023 | 8:08 am

AAPL

QCOM

Apple Inc. (AAPL) faced unexpected challenges in developing its proprietary silicon chip for the iPhone 15, leading to a delay in its rollout to 2024. The chip was found to be slower, prone to overheating, and lagging three years behind Qualcomm Inc.'s (QCOM) best offering. Despite these setbacks, Apple remains committed to the project.

Portfolio Pulse from Ananya Gairola

September 21, 2023 | 7:52 am

RIVN

TSLA

Rivian Automotive Inc's (NASDAQ:RIVN) electric vehicles, the R1T pickup and the R1S SUV, have made their debut in the Forza Horizon video game. The game, published by Microsoft Studios, is known for its immersive racing experience. The inclusion of Rivian's vehicles sparked discussions among users about the addition of other electric vehicles to the game, including Tesla Inc's (NASDAQ:TSLA) Cybertruck and Model S Plaid. Tesla's vehicles have previously appeared in Forza games, but have yet to return in Forza Horizon 5.

Portfolio Pulse from Anan Ashraf

September 21, 2023 | 7:39 am

MESO

Mesoblast Limited (NASDAQ:MESO) has provided an update on the path to approval for its lead-product candidate remestemcel-L in the treatment of pediatric and adult steroid-refractory acute graft versus host disease (SR-aGVHD). The FDA clarified that the key remaining issue for pediatric approval is providing further evidence that the potency assay will assure the consistent efficacy of the commercial product. Mesoblast intends to generate new potency assay data for RYONCIL in the coming months and believes these additional data will provide a link between the RYONCIL product used in the Phase 3 trial and the RYONCIL product which will be used in a future trial for the adult indication.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 7:33 am

RIVN

Rivian (NASDAQ:RIVN) is escalating its production with a goal to produce 52,000 electric vehicles this year. The company's new R1T Dual-Motor Large Pack models are impressing with their extended range. Rivian has outperformed other EV startups with its innovative, all-electric adventure vehicles. The company manufactured 13,992 EVs in Q2, a 50% increase from the first three months. The first Dual-Motor R1T models started appearing in the R1 shop in July.

Portfolio Pulse from Benzinga Neuro

September 21, 2023 | 7:17 am

ARGX

Health Canada has approved argenx's VYVGART for sale in the treatment of Generalized Myasthenia Gravis. This approval could potentially boost the company's revenues.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 6:30 am